KWE also wins in 2021 
Japan’s Kintetsu World Express (KWE) has reported its financial results for the first nine months of the fiscal year ending 31 March 2022. While revenues went up by JPY 703.2 billion (USD 6.06 billion), an increase of 65.6% compared to the same period in 2020, operating income... more
French acquisition in USA
ID Logistics has been interested in the new continent since it set up its first own branch in USA in 2019. Now the company is purchasing all the shares of Kane Logistics, USA-based warehousing and contract logistics provider which the Kane family founded in 1930. The... more
Logistics park in border triangle
Panattoni is building a new warehouse, the Park Freiburg Süd, on a brownfield site in the border triangle between Germany, France and Switzerland. The speculative object is being designed in two self-sufficient hall sections. Companies from the light industrial and logistics... more
Arvato invests in Nexxiot
Germany's Arvato Financial Solutions is acquiring a stake in Swiss logistics digitisation and trade tech player Nexxiot. The move will see the financial services provider of Germany's Bertelsmann Group invest in the development of digital technologies and AI-powered cloud... more
Centralising distribution in Madrid
Siemens Logistics, a subsidiary of the Siemens Group in Constance, Germany, has won a contract from parcel service provider GLS Spain. The order covers the design, integration and commissioning of parcel sorting technology for a new GLS logistics centre in Madrid. In... more
A strong year for business relocation 
In 2021, on the eve of its 20th anniversary, Harder Logistics from Neu-Ulm (Germany) achieved its best business year to date. While sales climbed by about 30%, earnings doubled. Plant relocations, industrial assembly and high-tech transports increased, especially in the... more
Next tenant for London Gateway
Transport and logistics company Transmec UK is the third business to establish a presence in the port-centric logistics park at London Gateway. The new 13,936 sqm distribution hub will provide Transmec UK with access to supply chain solutions, warehousing and road and rail... more
A memorable 2021
Bremen-based logistics company Röhlig Logistics has reported its unaudited results for 2021. The privately-owned company generated a gross profit of EUR 213 million, compared to EUR 140.4 million in 2020 (+34%). This result was particularly due to the positive development of the... more
More Netherlands for Movianto
By opening a new branch in Weert, the Netherlands, Movianto, a logistics service provider specialising in the healthcare industry, is doubling its warehouse capacity in this country and gaining 11,000 pallet spaces. The logistics centre, which will start operations in... more
XPO surges ahead in 2021
XPO Logistics the company generated revenues of USD 4.1 billion in the full year of 2021, almost 14% up from 2020. Adjusted ebitda amounted to USD 904 million, a similar leap of 15.5% compared to 2020 (USD 764 million). Brad Jacobs, chairman and CEO: "Our company... more